The Euro traded sideways against the US Dollar, following the US CPI data release on Wednesday at 12:30 GMT. The GBP/USD exchange currency rate lost 5 pips or 0.04% after the release. The Euro continued trading at the 1.1345 level against the Greenback after the release.
The Bureau of Labor Statistics released the US Core CPI data, which came out in line with the expectations of 0.2%.
According to the official release: "The index for all items less food and energy rose 0.2 percent in February, the same increase as in January. Along with the index for shelter, the indexes for apparel, personal care, used cars and trucks, education, and medical care were among those that increased in February. The indexes for recreation and airline fares declined over the month."
| Date | 13.11.19 | 11.12.19 | 14.01.20 | 13.02.20 | 11.03.20 |
|---|---|---|---|---|---|
| Actual | 0.2% | 0.2% | 0.1% | 0.2% | 0.2% |
| Forecast | 0.2% | 0.2% | 0.2% | 0.2% | 0.2% |
| Pair | Open | Close | Change |
|---|---|---|---|
| EUR/GBP | 0.87287 | 0.8736 | 0.08% |
| GBP/CAD | 1.77668 | 1.77419 | -0.14% |
| GBP/JPY | 136.58100 | 136.463 | -0.09% |
| GBP/USD | 1.29704 | 1.29587 | -0.09% |
| Pair | Longs | Shorts |
|---|---|---|
| EUR/GBP | 36.3% | 63.7% |
| GBP/CAD | 54.2% | 45.8% |
| GBP/JPY | 71.8% | 28.2% |
| GBP/USD | 48.5% | 51.5% |
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